Definition of Tenure Award

Tenure Award means an Award hereunder of cash, shares of Common Stock, units or rights based upon, payable in, or otherwise related to, Common Stock that vests over time based upon the Participants continued employment with or service to the Company or its Subsidiaries.
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Examples of Tenure Award in a sentence

Tenure Award - Probationary Unit Administrators shall receive a $4,000 Tenure Recognition Award upon the receipt of tenure.
Full Time Temporary faculty $50,427.58 Effective July 1, 2013, the turnover increase for the 2013-2014 academic year is $381.79 Effective July 1, 2013, the promotional salary adjustment is: Tenure Award $4,400 Effective July 1, 2013, the stipend for academic achievement is: Doctoral Stipend (5% of base) $2,541.82 APPENDIX B Other Payment Schedules B.1 SPECIAL PROJECTS The following compensation shall apply to special student projects: A.
He invited the Board to the Faculty Appreciation and Tenure Award Ceremony on April 24.